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@article{ART001835021},
author={Li xiufeng and Pan Suk Kim},
title={Analysis of Motives and Constraints in Reforming Chinese Small and Medium Local State-Owned Enterprises},
journal={Journal of Regional Studies and Development},
issn={1738-3846},
year={2013},
volume={22},
number={2},
pages={1-39}

TY - JOUR
AU - Li xiufeng
AU - Pan Suk Kim
TI - Analysis of Motives and Constraints in Reforming Chinese Small and Medium Local State-Owned Enterprises
JO - Journal of Regional Studies and Development
PY - 2013
VL - 22
IS - 2
PB - Institute for Poverty Alleviation and International Development: IPAID
SP - 1
EP - 39
SN - 1738-3846
AB - Approximately nine percent of China's high growth rate is based on continuous reforms and openness for the last 30 years. In examining China's process of economic development, it is necessary to analyze Chinese local state-owned enterprise (SOE) reform. The purpose of this research is to review the motives and constraints behind SOE reform. This article will analyze the motives of SOE reform in the 1990s in three dimensions consisting of: (1) structural motives- deterioration of SOE management, pressure of isomorphism and ideological innovation towards pragmatic socialist market economy; (2) institutional motives-local decentralization and changes in the financial, banking, and tax systems; (3) behavioral motives – neutral government, former Prime Minister Zhu Rongji’s firm SOE reform will and government officials’ self-interest to expand their political status. Furthermore, this study also reviews the negative results of small and medium SOE reforms and analyzes the constraints of such reforms in three dimensions consisting of: (1) structural constraints – national governance of the party and the state to maintain social stability, and an inheritance of the planned economy system; (2) institutional constraints– weaknessof stock company system, management buyout, civil case responsibility, and social security systems; and (3) behavioral constraints– local government officials’ pursuit of self-interest and their resistance against public sector reform. The in-depth analysis of motives and constraints of Chinese SOE reform will provide new perspectives and new problem-solving threads for the effective implementation of privatization and public sector reform in China.
KW - China;new institutionalism;local state-owned enterprises;quiet privatization;insider privatization
DO -
UR -
ER -

Li xiufeng and Pan Suk Kim. (2013). Analysis of Motives and Constraints in Reforming Chinese Small and Medium Local State-Owned Enterprises. Journal of Regional Studies and Development, 22(2), 1-39.

Li xiufeng and Pan Suk Kim. 2013, "Analysis of Motives and Constraints in Reforming Chinese Small and Medium Local State-Owned Enterprises", Journal of Regional Studies and Development, vol.22, no.2 pp.1-39.

Li xiufeng, Pan Suk Kim "Analysis of Motives and Constraints in Reforming Chinese Small and Medium Local State-Owned Enterprises" Journal of Regional Studies and Development 22.2 pp.1-39 (2013) : 1.

Li xiufeng, Pan Suk Kim. Analysis of Motives and Constraints in Reforming Chinese Small and Medium Local State-Owned Enterprises. 2013; 22(2), 1-39.

Li xiufeng and Pan Suk Kim. "Analysis of Motives and Constraints in Reforming Chinese Small and Medium Local State-Owned Enterprises" Journal of Regional Studies and Development 22, no.2 (2013) : 1-39.

Li xiufeng; Pan Suk Kim. Analysis of Motives and Constraints in Reforming Chinese Small and Medium Local State-Owned Enterprises. Journal of Regional Studies and Development, 22(2), 1-39.

Li xiufeng; Pan Suk Kim. Analysis of Motives and Constraints in Reforming Chinese Small and Medium Local State-Owned Enterprises. Journal of Regional Studies and Development. 2013; 22(2) 1-39.

Li xiufeng, Pan Suk Kim. Analysis of Motives and Constraints in Reforming Chinese Small and Medium Local State-Owned Enterprises. 2013; 22(2), 1-39.

Li xiufeng and Pan Suk Kim. "Analysis of Motives and Constraints in Reforming Chinese Small and Medium Local State-Owned Enterprises" Journal of Regional Studies and Development 22, no.2 (2013) : 1-39.